economics

Report: World Bank Fails to Address Poverty

Dec 10, 2006
A new report by the World Bank's Independent Evaluation Group criticizes the international lending organization for failing to alleviate global poverty with programs that focus too single-mindedly on growth. The bank estimates that 1.1 billion people subsisted on less than $1 per day in 2001. (h/t: Common Dreams)

Conservative Icon Dies

Nov 17, 2006
Conservative economics icon Milton Friedman has died at the age of 94. Friedman, a rabid free-marketeer and dogged opponent of regulation, inspired generations of conservatives with his theories.

The Economics of Global Warming

Oct 30, 2006
A new report warns that climate change left unchecked would cause the global economy to lose 20% of its value, while acting to address the problem would only cost 1% of global GDP. Sir Nicholas Stern's report is the first major attempt to address the economics, as opposed to the science, of global warming.
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Overworked Laborers’ Day?

Sep 4, 2006
OK, we had to do it Some snippets from a focus on the daily grind by the Washington Post: The Pew Research Center: "Americans believe that workers are worse off now than a generation ago -- toiling longer and harder for less in wages and benefits, for employers who aren't as loyal in jobs that aren't as secure" The Economic Policy Institute's "State of Working America 2006/2007": Productivity may have boomed in recent years, but family incomes have stalled Peter D Hart Research for the AFL-CIO repeats this pessimistic drumbeat: Fifty-five percent of Americans said their incomes were not keeping up with inflation; 38% predicted that the economy would worsen in the coming year Also, the origins of Labor Day, My Bad Boss Contest, a four-day workweek, labor statistics, quality of life, undocumented workers' rights More labor links? Put 'em here.

Inside Chavez’s Venezuela

Nov 30, 2005
Sharmini Peries, foreign policy advisor to Venezuela President Hugo Chavez, talks about Latin America's most contentious leader -- and thorn in Washington's side -- since Fidel Castro.